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Denver home prices are on the rise. Average residential home sale prices (not including Condominiums) in the City and County of Denver over the last 12 months, according to Metrolist data, are up 18% over the 12 months following the stock market crash of 2008, bringing the average sales price to $280,826. Across the country, sales of previously occupied homes (the largest segment of all…

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Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, along with regional disruptions created by Hurricane Irene, according to the National Association of Realtors?. Monthly gains were seen in all regions. Total Existing Home Sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 7.7 percent to a seasonally adjusted annual rate of 5.03 million in August from…

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For those of you that have been paying close attention, rents in Highland and West Highland are on the rise. That’s great news for those of you that own, or plan to own rental property, and certainly a great topic for a future Nostalgic Homes Newsletter, but not great news for you renters out there. How do a lease and a mortgage compare? According to…

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Despite the latest New York Times report, residential homes prices in Denver have been rising for years…   New York Times:  Bottom Near for Housing For real estate, some economists say, an end to the seemingly endless decline in housing values might be in sight. Few analysts expect housing prices to rebound anytime soon. But quite a few are predicting that the market is close…

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Northwest Denver residential homes prices over the last 12 months are up an average of 2.8% over the previous year, according to Metrolist MLS data, and up 6.2% over 2008-2009 pricing. Additionally, City of Denver residential home prices over the last 12 months are up an average of 8.7% over the previous year, and up 20.7% over 2008-2009 pricing. Rates are phenomenal, but prices are…

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U.S. Housing starts rose more than expected in November. The Commerce Department said that housing starts rose 3.9 percent to a seasonally adjusted annual rate of 555,000 units. They also revised October’s numbers upward to a 534,000 unit pace, it was originally reported at 519,000 units. Ground breaking for new homes last month was lifted by a 6.9 percent rise in single-family home construction which…

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